Burlingham Associates Inc - joint and several liability - Bankruptcy / Proposal / Financial Glossary

Bankruptcy / Proposal / Financial Glossary

You can always search for entries (regexp permitted).
Begins with Contains Exactly matches	Submit Term
All \| A \| B \| C \| D \| E \| F \| G \| H \| I \| J \| L \| M \| N \| O \| P \| Q \| R \| S \| T \| U \| V \| W
joint and several liability	The liability of more than one person for which each person may be sued for the entire amount of the damages. With joint and several liability each party is 100% responsible for 100% of the debt.

All \| A \| B \| C \| D \| E \| F \| G \| H \| I \| J \| L \| M \| N \| O \| P \| Q \| R \| S \| T \| U \| V \| W
Glossary V2.0